JD.com ADR Stock News

Chinese e-commerce giant JD.com is set to secure European Union ​approval for its $2.5 billion bid for German ‌electronics retailer Ceconomy after it tweaked its remedies to address regulators' concerns, a person familiar with the ​matter said.

ATLANTA--(BUSINESS WIRE)--HB Wealth, one of the nation's largest independent, fee-only registered investment advisers, today announced that Steven D. Podnos, MD, MBA, CFP®, Rachel Podnos O'Leary, JD, CFP®, and Lauren Podnos-Garner, CFP®, have joined the firm. Together, the three advisors establish the firm's presence in Austin, Texas, with Rachel and Lauren based in Austin and Steven dividing h...

JD.com's concessions to ease EU subsidy concerns about the Chinese e-commerce ​giant's $2.5 billion purchase of German electronics retailer ‌Ceconomy have prompted criticism from competitors, people familiar with the matter told Reuters.

A joint venture comprising six companies said on ​Monday it plans to invest HK$16.8 ‌billion ($2.14 billion) in the newly awarded pilot development area in Hong Kong's ​Northern Metropolis, a mega project ​bordering mainland China.

Chinese e-commerce giant JD.com has offered remedies in ​the European Union's probe ‌of its $2.5 billion bid for German electronics retailer Ceconomy , according ​to an EU regulatory ​filing.

China said on ​Wednesday that a European Union investigation into Chinese ‌e-commerce giant JD.com constituted "improper extraterritorial jurisdiction" and ordered entities not to implement or assist with the probe.

JD.com stock was falling on Thursday after the Chinese online retail giant reported earnings. Investors soured on the stock despite better-than-expected results.